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June 21, 2024
Exactly where january left off. With big swings and tripledigit moves. For much of the day the focus was on energy. The third consecutive day of gains, tacking on 11 in that period its best threeday gain since july of 2012. Some of the late day gain attributed to hopes overseas. The s p rose 25. As for crude, prices near 50 a barrel settling at 49. 57. Brent was also higher. Energy companies rallied alongside those increase in oil prices makesing exxon mobile and chevron the best two stocks in t...
June 21, 2024
Even the European Central bank. Instead, it was the Swiss National bank stunning currency markets around the world by removing the price ceiling on the swiss bank designed to keep its currency artificially low against the euro. That sent the value of the frank soaring and swiss stocks tumbling. Today, the frank at 1 point up about 20 when it was all said and done against the euro. Now, the defensive move comes ahead of an expected announcement from the Ecbs Mario Draghi next week of a massive eu...
June 21, 2024
Tumultuous session. Another month of equities but not just equities that got squeezed. Government bond yields touched record lows new ones and the price of oil surged. Strangely to its biggest oneday gain in two and a half years. With losses accelerating into the close, heres how the major averages ended the day. The dow was down 251 points. Thats its worst month in a year. The nasdaq all fight 48 and the s p lower by 26. Also ending its worst month since last january. For the month, the dow and...
June 21, 2024
It could have been one for the record books. Stocks dived from the getgo. Within minutes the dow was down nearly 200 points. There were fresh worries about slowing growth in china, to be sure, but that wasnt the half of it. What really spooked investors was this the stunning sight of tens of thousands of prodemocracy demonstrators flooding the streets of hong ko kong. Police cracked down hard. Banks and other hong kong businesses shut down for the day. Stocks sold off in asia, then in europe. Th...
June 21, 2024
Even the European Central bank. Instead, it was the Swiss National bank stunning currency markets around the world by removing the price ceiling on the swiss bank designed to keep its currency artificially low against the euro. That sent the value of the frank soaring and swiss stocks tumbling. Today, the frank at 1 point up about 20 when it was all said and done against the euro. Now, the defensive move comes ahead of an expected announcement from the Ecbs Mario Draghi next week of a massive eu...
June 21, 2024
Even the European Central bank. Instead, it was the Swiss National bank stunning currency markets around the world by removing the price ceiling on the swiss bank designed to keep its currency artificially low against the euro. That sent the value of the frank soaring and swiss stocks tumbling. Today, the frank at 1 point up about 20 when it was all said and done against the euro. Now, the defensive move comes ahead of an expected announcement from the Ecbs Mario Draghi next week of a massive eu...
June 21, 2024
Record books. Stocks dived from the getgo. Within minutes the dow was down nearly 200 points. There were fresh worries about slowing growth in china, to be sure, but that wasnt the half of it. What really spooked investors was this the stunning sight of tens of thousands of prodemocracy demonstrators flooding the streets of hong ko kong. Police cracked down hard. Banks and other hong kong businesses shut down for the day. Stocks sold off in asia, then in europe. The demonstrations continued well...
June 21, 2024
Fenced off now. Its gutted inside and unsafe to enter, except for fire personnel. But for some 40 years its been home to a man, who lived large, until slowed by disability. The smoke billowing out of the house. Reporter neighbors on Avocado Court called 911 and ran to his house, feeling his front doors, hot to the touch. They heard no smoke alarms. Unfortunately there doesnt seem to be any working snohomish detectors that could have possibly alerted him to the fire. He had bad legs. He had a har...
June 21, 2024
Support. I feel for the young people that go to horace mann and that was my school and we never had the situation like that growing up. We had kick ball and soccer and we didnt have to worry about anybody being killed or murdered. I think this leadership here in San Francisco is one that really cares about our city. We have 700 million dollars, you know . We have Development Going up, but while they are going up, our children are going down and our families are being tossed out and urteachers ca...
June 21, 2024
I wanted revenge and i wanted retaliation, but i got help and support. I feel for the young people that go to horace mann and that was my school and we never had the situation like that growing up. We had kick ball and soccer and we didnt have to worry about anybody being killed or murdered. I think this leadership here in San Francisco is one that really cares about our city. We have 700 million dollars, you know . We have Development Going up, but while they are going up, our children are goin...